Practical Training In GST
This is the short-term practical training course of GST (Goods and Services Tax) for the student, job seeker and tax professionals in India. Under this Training Program provides participants with the knowledge and skills to build, maintain, and control well-formed Taxation.

Course Features

BASIC CONCEPT OF GST

  • Overview of GST
  • Central Goods and Services Tax
  • State Goods and Services Tax

LEVY OF, AND EXEMPTION FROM, TAX

  • Levy and Collection of Central / State Goods and Services Tax
  • Composition levy
  • Taxable person
  • Power to grant exemption from tax
  • Remission of tax on supplies found deficient in quantity

RETURNS

  • Furnishing details of outward supplies
  • Furnishing details of inward supplies
  • Tax Return Preparers
  • Online Returns
  • Claim of input tax credit and provisional acceptance there of Matching
  • reversal and re-claim of input tax credit Matching
  • reversal and re-claim of reduction in output tax liability Annual return
  • Final return
  • Levy of late fee

ACCOUNTS AND RECORDS

  • Accounts and other records
  • Period of retention of accounts
  • Collection of tax at source
  • Special procedure for removal of goods for certain purposes

ASSESSMENT AND AUDIT

  • Self-assessment
  • Self-assessment
  • Scrutiny of returns
  • Assessment of unregistered persons
  • Summary assessment in certain special cases
  • Audit by tax authorities
  • Special audit

REGISTRATION

  • GST Registration
  • Special provisions relating to casual taxable person and non-resident taxable person
  • Amendment of registration
  • Cancellation of registration
  • Revocation of cancellation of registration

TIME AND VALUE OF SUPPLY

  • Time of supply of goods
  • Time of supply of services
  • Change in rate of tax in respect of supply of services
  • Value of taxable supply

INPUT TAX CREDIT

  • Transfer of input tax credit
  • Manner of taking input tax credit
  • Taking input tax credit in respect of inputs sent for job work
  • Manner of distribution of credit by Input Service Distributor
  • Manner of recovery of credit distributed in excess

TAX INVOICE, CREDIT AND DEBIT NOTES

  • Tax invoice
  • Amount of tax to be indicated in tax invoice and other documents
  • Credit and debit notes

PAYMENT OF TAX

  • Payment of tax, interest, penalty, and other amounts
  • Interest on delayed payment of tax
  • Tax deduction at source

REFUNDS

  • Refund of tax
  • Interest on delayed refunds
  • Consumer Welfare Fund
  • Utilization of the Fund

Duration : 1 Months 1 hrs. daily

ELIGIBILITY : 12th+ Having basic knowledge of Computer

CERTIFICATION : From AIAT Pvt. Ltd, the Associate with.